Tag
Indian Bank
17 articles
Indian Bank continues to encounter delays in its insolvency proceedings against multiple debtors and guarantors, with the National Company Law Tribunal repeatedly adjourning hearings related to cases against Brij Mohan Mahajan, Samiksha Mahajan, Sandeep Gupta, Nimit Mahajan, and Sanjeev Mahajan, all postponed to 2026. These ongoing adjournments reflect the complexities and protracted timelines inherent in India’s insolvency resolution process, potentially impacting the bank’s asset recovery efforts and overall financial performance. Investors should monitor the progress of these cases and their potential implications for Indian Bank’s balance sheet and future profitability.
Indian Bank Appeals NCLAT Order Against Dadina
Indian Bank files appeal with NCLAT against Varez Karsi Dadina & Anr., seeking to challenge a previous order.
NCLAT issues notice on delay condonation application and grants respondents two weeks to f
NCLT Kolkata Adjourns Indian Bank Insolvency Petition
NCLT Kolkata Bench adjourns Indian Bank's Section 95(1) insolvency petition against Basant Kumar Mundra to 24 August 2026.
The order sheet notes that pleadings are complete in the matter and directs p
NCLT Adjourns Indian Bank vs Motijug Agencies Insolvency
NCLT Kolkata Bench adjourns Section 7 IBC hearing due to non-appearance of parties.
Matter involves Indian Bank's insolvency petition against corporate debtor Motijug Agencies Ltd.
Case rescheduled fo
NCLT Kolkata Adjourns Indian Bank Guarantor Case
NCLT Kolkata Bench adjourned hearing in Indian Bank's insolvency petition against personal guarantor Ramendra Nath Mondal.
The matter was posted for next hearing before the Regular Bench on August 24,
NCLT Bengaluru Adjourns Indian Bank Insolvency Petition
NCLT Bengaluru Bench adjourns Indian Bank's Section 7 insolvency petition against Mantri Homes Pvt Ltd.
Adjournment granted as a connected matter involving the same debt is pending before NCLAT Chenna
Indian Bank Revises TBLR Rates Up 10bps
Indian Bank's ALCO revised its Treasury Bills Linked Lending Rate (TBLR) effective 03.07.2026.
TBLR for >6 months to 1 year and >1 year to 3 years tenors increased by 10 basis points to 5.85%.
MCLR, B
Indian Bank Writ Petition Dismissed as Withdrawn
High Court at Calcutta dismissed Indian Bank's writ petition (W.P.A. 27270 of 2025) on 30 June 2026.
Petitioners sought to withdraw the petition after receiving CBI communication dated 15 June 2026, i
Indian Bank Writ Petition Dismissed as Withdrawn
The Calcutta High Court heard W.P.A. 27278 of 2025 filed by Indian Bank and another against the Union of India.
Petitioners presented a CBI Superintendent’s communication dated 15 June 2026, indicatin
NCLT Guwahati Adjourns Saurabh Poddar Guarantee Case
NCLT Guwahati Bench adjourns insolvency proceedings against personal guarantor Saurabh Poddar of Balajee Exports to July 22, 2026.
Personal guarantor Saurabh Poddar filed affidavit admitting signature
NCLT Guwahati Adjourns Indian Bank Insolvency Matter
NCLT Guwahati Bench lists matter for further consideration on 15 July 2026.
Indian Bank confirmed payment of Rs 1.75 lakh to Resolution Professional Sudha Sarma.
Hearing involved insolvency applicatio
Indian Bank Pays Resolution Professional Rs 1.75 Lakh
NCLT Guwahati Bench hearing on Indian Bank's insolvency application against Guwahati Construction Pvt. Ltd.
Bank's counsel confirmed payment of Rs 1.75 lakh to the appointed Resolution Professional.
R
Indian Bank Files IBC Section 66 Application
NCLT Chennai hears Indian Bank's application under IBC Section 66 against United Steel Building Systems.
Application is based on a forensic audit report received during liquidation proceedings.
Tribun
Indian Bank International Banking Head Retires
Indian Bank General Manager Sudhanshu Gaur retired on 30 June 2026.
The retirement was due to superannuation and effective from 1 July 2026.
This change was disclosed per SEBI Listing Obligations and
Indian Bank Q1 FY27 Business Update Disclosure
Indian Bank files regulatory disclosure with stock exchanges for Q1 FY27 business performance metrics.
Total business grew to ₹15.28 lakh crore with deposits at ₹8.43 lakh crore and advances at ₹6.85
NCLT Adjourns Indian Bank Guarantor Cases
NCLT Allahabad Bench adjourns Indian Bank's insolvency petitions against personal guarantors of Primuss Metroll Ltd.
The Resolution Professional reports ongoing discussions regarding submission of rep
Indian Bank Revises MCLR and TBLR Rates
Indian Bank's ALCO revised MCLR and TBLR benchmark lending rates effective June 3, 2026.
1-year MCLR increased by 10 basis points to 8.85%, while shorter tenors saw smaller hikes.
TBLR rates increased
Indian Bank Revises TBLR Rates Effective May 3
Indian Bank's ALCO revised Treasury Bills Linked Lending Rates (TBLR) effective May 3, 2026.
TBLR for <=3 months reduced to 5.25% and >3-6 months to 5.45%, while longer tenors unchanged.
MCLR, Base Ra